21516 Mountain Highway E - Spanaway, WA 98387$600,000

Vacant Land

Lot Square footage: 43,560 | Approx. Acreage: 1.00

NWMLS Logo Listing provided by:Windermere RE/Lake Tapps, Inc

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Brandon Johnson at
(360) 456-3366

Questions / View this Home? Call or text Brandon Johnson at (360) 456-3366

21516 Mountain Highway E Spanaway, WA Description:

10k Seller Concessions for 2-1 BuyDown w/ Full price offer! Duplex with bonus cashflow! On one acre, this property boasts 7+ sources of income, 3 RV pads, garage, shed with carport, a 1 bed 1 bath unit and a 4 bed 1.75 bath unit. $3,995 total income. Submetered, fully rented w/ month-month leases. This property borders JBLM and has privacy fence posts installed. 265 ft of hwy frontage for biz advertisement. Zoned MHR allows density up to 25 units/acre. Take advantage of cash flow now and development/resale opportunity later! Check out the Matterport in the listing for the virtual walkthrough!

21516 Mountain Highway E Spanaway, WA Information:

Date Listed: 07-24-2023

Listing Number: 2142680

Parcel ID: 0318105017

Third Party Required (Short Sale): None

Terms of Financing: Cash Out, Conventional, FHA, State Bond, VA Loan

Zoning: Moderate High Density Residential

County: Pierce

Area: 99 - Spanaway

Lot Size: 1.00 acres

Lot Details: Adjacent to Public Land, Corner Lot

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21516 Mountain Highway E Spanaway, WA Amenities:

Sewer: In Street, Not Available

Electrical Status: On Property

Gas Status: Not Available

Improvements: Dwelling, Garage, Outbuilding(s), RV, Shop

Water: See Remarks

21516 Mountain Highway E is 43,560 sq. ft or 1.00 acres of vacant land located in Spanaway and in the community of Spanaway. The available utilities include gas , electricity , sewer , and water .

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Directions to 21516 Mountain Highway E Spanaway, WA: Driving South on Highway 7, turn right into the private driveway at the 215th block. GPS is correct.

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BLUE SUMMIT REALTY
4705 Lacey Blvd. SE
Lacey, WA 98503
Phone: (360) 688-4073

Real estate listings held by IDX Brokerage firms other than Blue Summit Realty are marked with the NWMLS "three tree" NWMLS Logo icon. The information contained in this listing has not been verified by Blue Summit Realty, LLC and should be verified by the buyer. Equal Housing Opportunity. All Information Deemed Reliable, But Is Not Fully Guaranteed.